CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net sales	$ 5,936.0	$ 6,631.0	$ 11,186.0
Cost of sales	3,880.0	4,086.0	5,325.0
Gross margin	2,056.0	2,545.0	5,861.0
Selling, general and administrative expenses	320.0	289.0	290.0
U.K. long-lived and intangible asset impairment	0.0	0.0	239.0
U.K. operations restructuring	0.0	10.0	19.0
Acquisition and integration costs	4.0	39.0	0.0
Other operating—net	(10.0)	(31.0)	10.0
Total other operating costs and expenses	314.0	307.0	558.0
Equity in earnings (loss) of operating affiliate	4.0	(8.0)	94.0
Operating earnings	1,746.0	2,230.0	5,397.0
Interest expense	121.0	150.0	344.0
Interest income	(123.0)	(158.0)	(65.0)
Loss on debt extinguishment	0.0	0.0	8.0
Other non-operating—net	(14.0)	(10.0)	15.0
Earnings before income taxes	1,762.0	2,248.0	5,095.0
Income tax provision	285.0	410.0	1,158.0
Net earnings	1,477.0	1,838.0	3,937.0
Less: Net earnings attributable to noncontrolling interest	259.0	313.0	591.0
Net earnings attributable to common stockholders	$ 1,218.0	$ 1,525.0	$ 3,346.0
Net earnings per share attributable to common stockholders:
Basic	$ 6.75	$ 7.89	$ 16.45
Diluted	$ 6.74	$ 7.87	$ 16.38
Weighted-average common shares outstanding:
Basic	180.4	193.3	203.3
Diluted	180.7	193.8	204.2

This item represents the entity's proportionate share for the period of the net income (loss) of its operating investees (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. Such amount typically reflects adjustments similar to those made in preparing consolidated statements, including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between cost and underlying equity in net assets of the investees at the date of investment.

No definition available.